Nov 21, 2024
When I was putting my thoughts together for this article I thought it would be interesting, and possibly useful, to ask ChatGPT for input. My first query was, “Do commercial leases in Australia favour the landlord and not the tenant”. Here is an e...
Sep 13, 2024
Before diving into a list of differences between office and retail lease negotiations, we'd be doing a disservice if we didn't remind all commercial tenants that regardless of the sector of industry or type of space required, ...
Aug 08, 2024
With the decline of physical retail and the rise of online shopping, a trend which was accelerated during the pandemic and likely to cont...
Jul 19, 2024
A commercial tenant should always be concerned about their effective rent (i.e. the face rental less the value of the incentive provided by the landlord) and make every effort to ensure the effective rent is favourable, having regard to the market...
Jul 03, 2024
The need for office accommodation arises for many different reasons. The drivers include business growth, business start-up, expansion into a new geography, lease expiry, current premises being subject to redevelopment, and the business need for a...